The mining newspaper for Alaska and Canada's North

Securing funding for Gahcho Kué supplies

Mountain Province negotiates a loan for ice road deliveries North of 60 Mining News – January 7, 2022

Mountain Province Diamonds Inc. Dec. 31 provided details of a proposed US$50 million financing arrangement with Dermot Desmond, the Canadian diamond mining company's largest shareholder.

Mountain Province owns a 49% interest in the Gahcho Kué diamond mine in Canada's Northwest Territories, and De Beers Canada Inc. owns the other 51%.

Operating a mine like Gahcho Kué in Canada's North requires that...


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